Originally Posted by mr_sk Hello, I purchased my Z about a month or less ago. During the negotiation of price, trade-in, etc, I was offered a 2 year extension to
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09-02-2011, 09:37 PM | #31 (permalink) | |
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09-02-2011, 10:15 PM | #33 (permalink) |
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I can't say this has ever happened to me. I never trade in a vehicle (don't do wholesale on my trade and retail on the new vehicle...just can't get taken both ways). I take the time to read every line, even after the representative gives me a summary of what I am expected to sign. I am always prepared to walk away from a deal and I always have my own financing. I make sure my research is already done before I go in, to include knowing whether the dealership is a high volume dealer or whether the dealer is one with minimum unit sells. It's also helpful to know whats in inventory in all of the local and regional dealerships.
In your case, research what rights(laws) you have in the state you are. In some states, you have jp to 72 hours, from the time you sign the contract, to return a new vehicle, minus depreciation, or other dealer cost, if you are not completely satisfied. If there is not an option like this, work with the dealer to resolve the issue. If you cannot get it done, feel free to write your complaint to the company that actually owns the dealership as well as Nissan corporation. Document the dates, times and who you spoke with when trying to resolve your issue. It'll be helpful, as you may talk with so many people that you will not remember dates, times or people. Complete your communication in writing, e/mail is always good, as you can show what is actually being told to you and whether the dealership is responsive. If things are not resolved, appeal to local news investigative reporters, as you may not be the only victim who fell prey to this tactic. If none of these things work out, let the dealership know that they have lost a potiential future customer. And if nothing else, enjoy your car, as it was a wise investment that has a very good depreciation rate and is fun to own and drive. I may be a little biased though! All in all, thing may not be as bad as it seems. Last edited by z man; 09-02-2011 at 10:21 PM. |
09-03-2011, 10:39 AM | #34 (permalink) |
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Why not cancel the warranty and get your money back? Being that the warranty hasn't been in effect very long, you should be able to get most of the money back.
like some of the guys on here I've sold cars for years too. There isn't a magic way to get a better deal. Just be willing to walk away from anything that's not what you want to pay. If they want to or can meet your payments/price then they will. It's that's simple. |
09-03-2011, 12:55 PM | #35 (permalink) | |
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09-03-2011, 06:07 PM | #36 (permalink) | |||
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1) Cancel the warranty and I'll be pro-rated through Nissan corporate. I can't imagine the pro-rate is more than a few bucks, considering I've had the car all of 4 weeks and this was a 2 year extension after the factor 3. 2) Don't use the warranty, and at the end, get your money back. Doesn't really make sense to me though, not really sure what he meant. 3) Keep the warranty, its good at all Nissan dealerships (not just Advantage, which the original guy told me). I have to drive in 9-5 (which sucks, I work in Manhattan during the week), but they can do the paper work to cancel the warranty. Cool - So, I guess it turns out I was billed for that warranty, even though the original guy sold it as, "because we can't bring down the car cost, and we can't bring up your trade in value, I'll throw this in" - was an outright lie. Still doesn't make me feel good about Advantage Nissan in Long Island.
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09-04-2011, 01:17 AM | #37 (permalink) | |
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09-05-2011, 02:54 PM | #39 (permalink) |
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That is the reason they say the warranty runs concurrently with the factory warranty... because if you pay $2500 for it and then after 2 years, you want to sell the car and get the warranty cancelled/refunded, they are going to tell you that you used 2 years of the warranty, and will only be getting 3/5ths of the money back.
You said it has only been 4 weeks, so you should be getting your $2,500 back minus one month of coverage, which would be about $42, so you should be getting $2,458 or around there. Lesson learned - ALWAYS ALWAYS ALWAYS read every contract put in front of you. I read all 5+ pages of my finance contract. The guy asking you to sign benefits when you don't read it, and when you sign your name, you take on a legal obligation. "I didn't read it" isn't something that will hold up in court, and trusting the salesman to be your advisor and look out for your best interests is like trusting a fox to guard the hen house. It's great they are going to (mostly) sort this out for you - but lesson learned, k? Imagine you found out that you actually signed a lease and have to pay $20k at the end to keep the car - this kind of stuff happens! Understanding contracts is a vital skill to have in life. Be thankful you didn't get burned bad in learning this lesson |
09-05-2011, 05:48 PM | #40 (permalink) | ||
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I'll report back and be able to end this thread. Good looks to everyone for both the criticism and support.
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09-07-2011, 12:38 PM | #42 (permalink) |
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Interesting ... is this through Nissan or a 3rd party?
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09-07-2011, 03:41 PM | #43 (permalink) |
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09-12-2011, 09:41 PM | #44 (permalink) | |
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I got a quote online from that link, and I called them and left a VM, but didn't receive a call back. It was rather strange since it went straight to VM during business hours, and was a personal VM, not like a Nissan dealer or anything. Anyways, I tried to get more details on WHAT they cover - the website is worryingly absent of any real details on the warranty...I'd really like to know if you are using this ...
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